VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: Aster against BloFin+0.032%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.356%−$36 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.032%, 7d avg +0.058%

Together, before fees−0.230%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.058%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VIRTUAL-USDT	0.7099	0.0340	pay 0.0170% / 4h	45m 14s	$804K	$887K	75x
Short	Aster VIRTUALUSDT	0.7101	0.0100	get 0.0050% / 4h	45m 14s	$96K	$292K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$50.4
Price spread: +0.032% → +0.058%: −$2.68
Slippage, 4 orders: −$41.96
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$115.04
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from BloFin: live order book, 57 min ago; Aster: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 57 min ago	2.09 bp	13.4 bp −$13	24.0 bp −$240	79.8 bp −$7,976	doesn't fit
Sell Aster live order book, 12 min ago	11.15 bp	18.7 bp −$19	144.2 bp −$1,442	doesn't fit	doesn't fit

VIRTUAL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7102	+0.046%	$24	—	10x	as long as short
Lighter VIRTUAL	−0.0128%	1h	0.7096	−0.041%	$323K	$415K	5x	as long as short
01 Exchange VIRTUALUSD	−0.0120%	1h	0.7100	+0.014%	$2K	$131	10x	as long as short
Phoenix VIRTUAL	−0.0034%	1h	0.7137	+0.531%	$11K	$37K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0032%	1h	0.7102	+0.042%	$15K	$40K	10x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0005%	1h	0.7103	+0.059%	$14K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	+0.254%	$46	$88K	5.5x	as long as short
SoDEX VIRTUAL-USD	+0.0082%	1h	0.7098	−0.007%	$1K	$9K	5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0088%	4h	0.7102	+0.042%	$14K	$1.5M	10x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	0.7112	+0.183%	$8.7M	$4.1M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VIRTUALUSDTshort	+0.0100%	4h	0.7101	+0.032%	$96K	$292K	20x
Pacifica VIRTUAL	+0.0100%	1h	0.7103	+0.053%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7102	+0.042%	$16.1M	$40.5M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7101	+0.028%	$16.3M	$18.4M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7104	+0.070%	$2.8M	$9.8M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7103	+0.056%	$1.5M	$3.3M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7101	+0.028%	$17.3M	$4.4M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7103	+0.056%	$2.9M	$4.3M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7103	+0.056%	$6.1M	$5.8M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7103	+0.056%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7105	+0.085%	$237K	$207K	10x	as long as short
Variational Omni VIRTUAL	+0.0100%	4h	0.7098	−0.011%	$530K	$913K	—	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7096	−0.043%	$19K	$261K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7103	+0.055%	$630K	$868K	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7101	+0.028%	$40K	$239K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7106	+0.099%	$52K	$1.0M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7104	+0.070%	$1K	$1.3M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7097	−0.026%	$55K	$267K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7100	+0.008%	$18K	—	3x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0298% / S −0.0228%	1h	0.7104	+0.071%	$30K	—	100x	as long as short
BloFin VIRTUAL-USDTlong	+0.0340%	4h	0.7099	long leg	$804K	$887K	75x
Coinbase International VIRTUAL-PERP-INTX	+0.0416%	1h	0.7179	+1.127%	$207K	$98K	50x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0807%	1h	0.7111	+0.169%	$590K	$665K	50x	as long as short